📢 $SOMI / USDT | 🔴 SHORT | ⭐ 75%
🎯 Target: $0.1475682. Will it get there?
🎯 Trading levels:
🔴 Entry: $0.1518
🛑 Stop Loss: $0.154151
🏁 TP1: $0.147568
🏁 TP2: $0.145217
🏁 TP3: $0.142396
📈 Analysis:
The current structure shows a clear downtrend, with lower lows and lower highs on the 4-hour timeframe. Selling pressure is backed by an increase in trading volume above the usual average, while the price has confirmed a bearish breakout. These factors suggest that sellers remain in control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish Break of Structure (BOS) occurs when the price breaks through a previous support level, confirming the continuation of a downward price structure.
#crypto #SOMI #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.1475682. Will it get there?
🎯 Trading levels:
🔴 Entry: $0.1518
🛑 Stop Loss: $0.154151
🏁 TP1: $0.147568
🏁 TP2: $0.145217
🏁 TP3: $0.142396
📈 Analysis:
The current structure shows a clear downtrend, with lower lows and lower highs on the 4-hour timeframe. Selling pressure is backed by an increase in trading volume above the usual average, while the price has confirmed a bearish breakout. These factors suggest that sellers remain in control of the current move.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish Break of Structure (BOS) occurs when the price breaks through a previous support level, confirming the continuation of a downward price structure.
#crypto #SOMI #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
